Single Member Limited Liability Company Operating Agreement Template
Are you looking to make your business more legit by forming an LLC? Or maybe you have an LLC, but don't have an Operating Agreement?
The Single Member Limited Liability Company Operating Agreement Template is designed for LLCs with one member (you). Fill in the blanks with the info for your LLC, and you're good to go.
Some states require you to have an Operating Agreement to register your LLC. Banks require your LLC to have an operating agreement before you can get a loan, and sometimes even open a bank account.
About the Template
The Template covers your butt personally and protects your LLC at the same time. A strong contract clarifies your responsibilities and describes what happens if anything goes wrong. Our Templates are written in plain English so you and your client can understand it – no legalese, guaranteed.
What’s in the Template?
The Contract Templates include terms covering:
- All the important details about your LLC
- Clarification that you are not personally responsible for debts or damages caused by your LLC
- How the LLC can be dissolved
- Everything else a contract needs to be legally binding
How do I use the Template?
Each Template comes with the Artful Contracts Template How-To Guide that walks you through customizing and using your Template.
Is this Template right for me?
This template is right for:
- Sole proprietors forming a new LLC
- An LLC with one member
This Operating Agreement doesn't work for LLCs with multiple members. A member is someone with an ownership interest in the company.